Kim Kardashian Has Officially Achieved Billionaire Status

Kim Kardashian Has Officially Achieved Billionaire Status

Kim Kardashianbr Has Officially Achievedbr Billionaire Status.br On Tuesday, Forbes announcedbr that Kim Kardashian had officially joinedbr the “World’s Billionaires” list. .br They estimate her worth has bubbled in a matter ofbr months from $780 million in October to $1 billion. .br Forbes credits her two businesses, KKW Beauty andbr Skims, as being major contributors to her wealth. .br KKW Beauty, which Kardashianbr founded in 2017, was bringing in aboutbr $100 million in revenue in 2018. .br She sold 20 percent of the companybr to Coty in 2020 for $200 million.br Forbes puts Kardashian’s remaining 72 percentbr stake in the company at about $500 million.br Kardashian foundedbr her shapewear companybr Skims in 2019.br She hasn’t disclosed the company’s revenues,br but an unnamed source reportedly told Forbes thatbr it is worth more than $500 million. .br The remaining portion of Kardashian’sbr fortune sits in endorsement deals and paychecksbr from ‘Keeping Up With the Kardashians.’.br She also owns multiple real estate propertiesbr and has a flourishing investment portfolio.


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Uploaded: 2021-04-06

Duration: 01:13

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